Purchase of Own Securities

Throgmorton Trust PLC
16 March 2000


At the Annual General Meeting of the Company held on 25 February 2000
shareholders granted the Company authority to purchase up to 42,430,259
ordinary shares.

The Company announces that it has today repurchased 40,000 ordinary shares at
a price per share of 111p.  3,407,000 ordinary shares have been purchased to
date under the above authority and the issued share capital following
cancellation of the shares repurchased will be 267,894,842 ordinary shares.

Since 12 November 1999 when the Company first obtained powers to purchase its
own shares 35,905,000 shares have been repurchased.